Malaysia legislation

Section 159

of CAPITAL MARKETS AND SERVICES (AMENDMENT) ACT 2012

Section 159

(a)

monies provided to the Capital Market Compensation

Fund by the Commission;

(b)

monies provided to the Capital Market Compensation

Fund by the relevant stock exchange and derivatives exchange;

(c)

contributions made by the Capital Market Development

Fund;

(d)

contributions made by a relevant person as provided for under section 160;

(e)

interest and profits accruing from time to time from the investment of the Capital Market Compensation

Fund;

(f)

any sum of money borrowed by the Corporation pursuant to subsection 142(2);

Capital Markets and Services (Amendment)

(g)

monies recovered by or on behalf of the Corporation in the exercise of a right of action conferred under this Part;

(h)

monies paid by an insurer under a contract of insurance or indemnity entered into by the Corporation under section 170 of this Part; and

(i)

all other monies lawfully paid into the Capital Market

Compensation Fund pursuant to this Act or any other guidelines issued by the Commission.

(2)

The Corporation is empowered to credit all direct operating income to the fund, and charge against the Fund, all expenses and costs incurred by the Corporation in managing the Fund.

Contribution and levies